Putin Pitches for Foreign Investment in Russia's Far East

TODAY: Sept. 4, 2015 PUB DATE: Sept. 4, 2015

VLADIVOSTOK, Russia?Russian President Vladimir Putin made a pitch Friday for greater investment in his country's resource-rich Far East region, despite a slowdown in the Chinese economy that has shaken global markets. Speaking at the Eastern Economic Forum in the port ...

French Consumer Confidence Stable in August

TODAY: Sept. 4, 2015 PUB DATE: Sept. 4, 2015

By William Horobin PARIS--French consumer confidence was stable in August at a level below the long term average. Consumer confidence in the eurozone's second-largest economy was 93 in August, seven points below the long term average of 100, statistics agency ...

Global Stocks Fall Ahead of US Labor Market Report--Update

TODAY: Sept. 4, 2015 PUB DATE: Sept. 4, 2015

By Christopher Whittall Global stock markets fell Friday ahead of a U.S. labor market report that investors will examine for clues about the timing of the first U.S. interest rate rise in almost a decade. The pan-European Stoxx Europe 600 ...

Eurozone Governments Should Be Allowed Some Budget Flexibility, Nowotny Says

TODAY: Sept. 4, 2015 PUB DATE: Sept. 4, 2015

By Gabriele Steinhauser ALPBACH, Austria--Eurozone governments should be permitted some flexibility under the European Union's budget rules to help buffer the economic slowdown caused by uncertainty in emerging markets, the governor of Austria's central bank said Friday. Fiscal and structural ...

Hong Kong Central Bank Streamlines Yuan Liquidity Arrangement

TODAY: Sept. 4, 2015 PUB DATE: Sept. 4, 2015

By Fiona Law HONG KONG--The Hong Kong Monetary Authority said on Friday it will streamline an arrangement that allows banks to access offshore yuan liquidity when needed. It comes after the yuan's devaluation last month, which caused a liquidity squeeze ...

German Manufacturing Orders Fall More Than Expected

TODAY: Sept. 4, 2015 PUB DATE: Sept. 4, 2015

By Nina Adam FRANKFURT--Germany's manufacturing companies suffered a setback in July, as foreign orders collapsed after a sharp increase in June, data published by the economics ministry showed Friday. But the trend in orders is "clearly pointing upwards, despite the ...

Stocks Fall Ahead of Jobs Report

TODAY: Sept. 4, 2015 PUB DATE: Sept. 4, 2015

Global stock markets fell Friday ahead of a U.S. labor market report that investors will examine for clues about the timing of the first U.S. interest rate rise in almost a decade. The pan-European Stoxx Europe 600 fell 1.4% in ...

Global Stocks Fall Ahead of U.S. Labor Market Report

TODAY: Sept. 4, 2015 PUB DATE: Sept. 4, 2015

By Christopher Whittall Global stock markets fell Friday ahead of a U.S. labor market report that investors will examine for clues about the timing of the first U.S. interest rate rise in almost a decade. The pan-European Stoxx Europe 600 ...

Malaysia International Reserves $94.7 Billion as of Aug. 28

TODAY: Sept. 4, 2015 PUB DATE: Sept. 4, 2015

By Saurabh Chaturvedi Malaysia's international reserves totaled $94.7 billion on Aug. 28, marginally higher from two weeks earlier, the central bank said in a statement Friday. The central bank didn't give a reason for the rise in reserves from $94.5 ...

GVC Wins Race to Acquire Bwin.Party

TODAY: Sept. 4, 2015 PUB DATE: Sept. 4, 2015

GVC Holdings PLC said Friday it had clinched a deal to buy online gaming firm Bwin.party digital PLC for 1.12 billion pounds ($1.72 billion), beating rival bidder 888 Holdings PLC to the post. GVC offered 25 pence a share in ...

Russia 2016 Budget Envisages Oil Price of $50 a Barrel - Interfax

TODAY: Sept. 4, 2015 PUB DATE: Sept. 4, 2015

By Thomas Grove MOSCOW--Russia's budget next year will be based on an oil price of $50 a barrel, Economy Minister Andrey Belousov said Friday, Interfax reported, an indication that the Kremlin is preparing for lower oil prices over the longer ...

Dollar Tad Higher Against Yen, Euro On Steady Stock Performance

TODAY: Sept. 4, 2015 PUB DATE: Sept. 3, 2015

By Hiroyuki Kachi TOKYO--The dollar was slightly higher against the yen and the euro Thursday in Asia trade, with steadier stock market performance giving a sense of safety to investors after recent China-induced market selloffs. At around 0530 GMT, the ...

IMF Says China Slowdown, Other Risks Threaten Global Outlook

TODAY: Sept. 4, 2015 PUB DATE: Sept. 3, 2015

WASHINGTON?China's slowdown and a host of other downside risks threaten to push the global economy into much deeper trouble without concerted action by the world's largest economies, the International Monetary Fund warned Wednesday. "Risks are tilted to the downside, and ...

Private-Equity Firms Explore Bids for Petco

TODAY: Sept. 4, 2015 PUB DATE: Sept. 3, 2015

Private-equity firms are examining a possible purchase of Petco Holdings Inc., the pet-store chain that filed to go public last month, according to people familiar with the matter. Petco, which is already owned by private-equity firms, is in the early ...

Singapore August Nikkei PMI at 50.8; Down From 51.3 in July

TODAY: Sept. 4, 2015 PUB DATE: Sept. 3, 2015

SINGAPORE--Business activity in Singapore expanded in August, though the pace of growth eased to its lowest in four months, according to a new survey. The Singapore Nikkei Whole Economy Purchasing Managers Index was at 50.8 in August, compared with 51.3 ...

Blackstone Makes Investment in Mortgage Insurer PMI Group

TODAY: Sept. 4, 2015 PUB DATE: Sept. 3, 2015

Mortgage insurer PMI Group said Wednesday that Blackstone Group LP has made an investment of an undisclosed size in the company. The New York investment firm has agreed to provide PMI with a loan for working capital needs, in connection ...

Syngenta Moves to Calm Disappointed Shareholders

TODAY: Sept. 4, 2015 PUB DATE: Sept. 3, 2015

ZURICH?Syngenta AG on Thursday moved to appease shareholders angered by its rejection of a takeover from Monsanto Co., saying it will divest its global vegetables seeds business and return more than $2 billion to shareholders. The world's top seller of ...

French 2Q Jobless Rate Stable at 10.3%

TODAY: Sept. 4, 2015 PUB DATE: Sept. 3, 2015

By Matthew Dalton PARIS--The French jobless rate was stable in the second quarter at 10.3%, French national statistics agency Insee said Thursday. The figure includes data from continental France and overseas districts. Excluding overseas districts, the unemployment rate in France ...

Global Markets Bounce Back

TODAY: Sept. 4, 2015 PUB DATE: Sept. 3, 2015

Global markets were broadly higher Thursday, ahead of the European Central Bank's regular monetary policy meeting and a closely watched jobs report out of the U.S. later in the week. Stock and commodity markets around the world have been rocked ...